Motic (Xiamen) Electric Group Co Ltd operates in the Noncurrent-carrying wiring devices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Motic (Xiamen) Electric Group Co Ltd with three other
manufacturers of lamps and lighting equipment in Asia:
Hindusthan Urban Infrastructure Ltd
of INDIA
(2019
sales of 7.08 billion Indian Rupees [US$96.91 million]
),
Arrow Syndicate Public Company Limited
of THAILAND
(1.45 billion Thai Bahts [US$48.34 million]
), and
Semyung Electric Machinery Co Ltd
which is
based in KOREA (SOUTH)
(18.45 billion Korean Won [US$16.68 million]
of which 82%
was electric transmission line fittings).
Sales Analysis.
Motic (Xiamen) Electric Group Co Ltd reported sales of 1.12 billion Chinese Renmimbi (US$172.41 million)
for the
year ending
December of 2019.
This
represents
an
increase of 14.2%
versus 2018, when the company's sales were 978.80 million Chinese Renmimbi.
Sales at Motic (Xiamen) Electric Group Co Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 266%).
Sales of Medical Business saw an increase
that was more than double the company's growth rate: sales were up
68.0% in 2019, from
140.48 million Chinese Renmimbi to 236.07 million Chinese Renmimbi.
Not all segments of Motic (Xiamen) Electric Group Co Ltd experienced an increase in sales in 2019:
sales of Electrical Business fell 0.6% to 431.48 million Chinese Renmimbi.